OKX Navigates Rest API Glitch, Ensuring User Asset Safety

In a recent development that stirred significant concern among its clientele, OKX, a premier cryptocurrency exchange, experienced a critical technical malfunction. This glitch led to pronounced discrepancies in the display of account balances, sowing confusion among users. A subset of accounts erroneously displayed a nil balance, while others exhibited inflated figures, escalating to tens of millions of dollars. This anomaly impacted a vast number of users across multiple jurisdictions, notably Singapore, the United Kingdom, and Japan. In response, OKX has swiftly rectified the anomaly, reinforcing the platform's robustness and the uncompromised security of user assets.



The core of the issue traced back to a malfunction within the exchange's Rest API (Representational State Transfer Application Programming Interface). This critical


First found on: Cryptonews from Coinatory